Londinia Opportunities Analyses - 05/17/2024 (GMT) EQIFI - EQX/USDT - 1H

EQIFI - EQX/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: EQXUSDT
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 0.007294 USDT
My targets
0.007528 USDT (+1.69%)
0.007917 USDT (+6.94%)
My analysis
The basic bullish trend is very strong on EQIFI - EQX/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.007294 USDT. Crossing the first resistance at 0.007528 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.007917 USDT as an objective. Crossing it would then enable buyers to target 0.010142 USDT. Caution, a return to below 0.007294 USDT would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.3

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Additional analysis

Quotes

The EQIFI - EQX/USDT rating is 0.007403 USDT. The price has increased by +0.53% since the last closing with the lowest point at 0.007352 USDT and the highest point at 0.007406 USDT. The deviation from the price is +0.69% for the low point and -0.04% for the high point.

0.007352
0.007406
0.007403

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of EQIFI - EQX/USDT in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.006322 0.006536 0.007294 0.007403 0.007528 0.007917 0.010142
Change (%) -14.60% -11.71% -1.47% - +1.69% +6.94% +37.00%
Change -0.001081 -0.000867 -0.000109 - +0.000125 +0.000514 +0.002739
Level Major Minor Minor - Intermediate Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0070290.0071610.0072630.0073950.0074970.0076290.007731
Camarilla0.0073000.0073210.0073430.0073640.0073860.0074070.007428
Woodie0.0070130.0071540.0072470.0073880.0074810.0076220.007715
Fibonacci0.0071610.0072510.0073060.0073950.0074850.0075400.007629


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0047200.0054840.0058860.0066500.0070520.0078160.008218
Camarilla0.0059660.0060730.0061800.0062870.0063940.0065010.006608
Woodie0.0045380.0053940.0057040.0065600.0068700.0077260.008036
Fibonacci0.0054840.0059300.0062050.0066500.0070960.0073710.007816


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0013760.0044180.0059690.0090110.0105620.0136040.015155
Camarilla0.0062560.0066770.0070980.0075190.0079400.0083610.008782
Woodie0.0006300.0040450.0052230.0086380.0098160.0132310.014409
Fibonacci0.0044180.0061730.0072570.0090110.0107660.0118500.013604

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 56.82
MACD (12,26,9): 0.0001
Directional Movement: 5.754972
AROON (14): 14.285714
DEMA (21): 0.007463
Parabolic SAR (0,02-0,02-0,2): 0.007506
Elder Ray (13): -0.000013
Super Trend (3,10): 0.007232
Zig ZAG (10): 0.007399
VORTEX (21): 0.9676
Stochastique (14,3,5): 40.46
TEMA (21): 0.007392
Williams %R (14): -60.68
Chande Momentum Oscillator (20): -0.000121
Repulse (5,40,3): 0.6436
ROCnROLL: 1
TRIX (15,9): 0.1605
Courbe Coppock: 0.45
MA7: 0.006812
MA20: 0.007033
MA50: 0.008109
MA100: 0.010540
MAexp7: 0.007391
MAexp20: 0.007368
MAexp50: 0.007169
MAexp100: 0.006931
Price / MA7: +8.68%
Price / MA20: +5.26%
Price / MA50: -8.71%
Price / MA100: -29.76%
Price / MAexp7: +0.16%
Price / MAexp20: +0.48%
Price / MAexp50: +3.26%
Price / MAexp100: +6.81%

Quotes : - Real time data - Cryptocompare